The postal and courier services output in Mexico has shown a robust growth trajectory from 2013 to 2023, increasing from 30.69 billion to 79.87 billion Mexican Pesos. The sector witnessed significant annual growth rates, peaking notably with a 15.4% rise in 2020. The average annual growth rate (CAGR) over the last five years up to 2023 was 9.34%. The sector’s performance has been strong even amid some fluctuations, particularly in 2019 when growth slowed to 1.95%, but then rebounded significantly, indicating resilience and adaptability.
Future projections from 2024 onwards suggest a continued upward trend, though at a slower pace with a forecasted CAGR of 4.83% over the next five years, reaching 108.51 billion Mexican Pesos by 2028. This represents an overall 26.6% growth across the forecasted period, indicating sustained, though more moderate, expansion.
Future Trends to Watch:
- The impact of e-commerce growth on courier service demand.
- Technological advancements in delivery methods, including drones and automated sorting.
- Adapting to regulatory changes and environmental policies in logistics and delivery services.
